Adani had in December introduced divestment of its whole 44% stake in Adani Wilmar with the intention to sharpen its give attention to core infrastructure companies.
Adani Commodities LLP (ACL), subsidiary of Adani Enterprises Limited (AEL), and Lence Pte Limited, subsidiary of Wilmar International, Singapore entered into an settlement. They gave one another the choice to purchase or promote AEL/ACL’s shares in AWL (Adani Wilmar Limited) later, at a worth they each agree on — however no more than ₹305 per share. The two collectively held round 88% within the firm (44% every).
In January 2025, AEL/ACL offered 13.5% of its shareholding in AWL at ₹276.51 per share. This was executed in order that extra of the corporate’s shares are owned by the general public, as required by minimal public shareholding necessities.
After this sale, ACL/AEL owned about 30.42% of AWL. Now, Adani Group has offered a 20% stake in AWL Agri Business to Singapore-based Wilmar International at ₹275 per share in a ₹7,150 crore deal. The stake sale is a part of Adani Group’s plan to exit the FMCG enterprise.
Following the newest transaction, Wilmar International will develop into the bulk shareholder in AWL Agri with a 64% holding, overtaking Adani.
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Adani Enterprises Limited in a inventory alternate submitting stated it, ACL and Lence have entered right into a share buy settlement (SPA), underneath which “Lence has agreed to purchase, and ACL has agreed to sell up to a maximum of 25,99,35,721 equity shares representing up to 20% of the issued and paid-up equity share capital of AWL Agri Business Limited (formerly known as Adani Wilmar Limited) held by ACL and not less than 14,29,64,647 equity shares representing 11% of the issued and paid-up equity share capital of the AWL, at a price per sale share of an amount of ₹275.”
Published – July 17, 2025 05:05 pm IST
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